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Rent in Canton, MS

A 2-bedroom in Canton, MS (ZIP 39046) typically rents for about $978 a month, with a range of $896–$1,060. Owner-occupied homes in Madison County pay about 0.68% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Canton, MS by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$900$900–$1,0991
1 bed$914$910–$9181
2 beds$978$896–$1,0601
3 beds$987$713–$1,2601
4 beds$1,231$1,072–$1,3901

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Canton ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Canton, MS?
About $978 a month: the median of the typical rents in 1 ZIP code, which range from $896–$1,060. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Canton, MS?
About $914 a month: the median of the typical rents in 1 ZIP code, which range from $910–$918. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Canton, MS?
About $987 a month: the median of the typical rents in 1 ZIP code, which range from $713–$1,260. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Canton, MS?
About $900 a month: the median of the typical rents in 1 ZIP code, which range from $900–$1,099. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Canton, MS?
About $1,231 a month: the median of the typical rents in 1 ZIP code, which range from $1,072–$1,390. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Canton, MS?
Owner-occupied homes in Madison County pay a typical 0.68% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Canton rent figures come from?
HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).